ECGI to acquire Endless Consciousness Inc

The signing of a binding letter of intent to acquire key personnel, intellectual property, business operations and future business operations of the Endless Consciousness, Inc., a California corporation involved in the legal cannabis product marketplace was announced by ECGI, D B A Elite Cannabis Group Incorporated.

As we ramp up commercial operations, ECGI CEO, Danny Wong, said that we are very excited to move this deal forward, and assigning the 'binding' designation to our existing relationship helps to foster credibility with our current and future capital partners. EC, through their 8 bit brand, has a top team, and we are seeing that brand footprint grow. As we bring this blue-chip team on board, we are very well positioned to increase that growth. The company announced a non-binding LOI to acquire EC on March 9, 2023. The EC team had compiled an extensive track record of sales experience that included servicing over 250 stores and managing products reaching over 1,000 stores in multiple states.

Wong stated that we look forward to keeping our current and prospective shareholders informed as we progress toward closing the acquisition and cementing our place as an emerging leader in the California cannabis marketplace. This is the place where money is raised, M&A starts, and companies meet key partners. Please join us on April 11 -- 12 at the Fontainebleau Miami Beach Hotel in Florida.